Director/PDMR Shareholding
December 06 2010 - 10:30AM
UK Regulatory
TIDMUKM
RNS Number : 4522X
UK Mail Group PLC
06 December 2010
UK Mail Group plc (the "Company")
PDMR Shareholding
6 December 2010
UK Mail Group plc announces that the under-mentioned person discharging
managerial responsibility, ("PDMR") has received shares under the terms of the
UK Mail Group plc Long-Term Incentive Plan ("LTIP").
The shares vested on 3 December 2010 for nil consideration pursuant to a
conditional award originally made on 3 December 2007. The disposal referred to
below was solely undertaken to cover tax liabilities and costs relating to the
transaction. The disposal was made on 6 December 2010 at GBP3.45 per share.
+------------+---------------+--------+--------+----------+--------+---------+
| Individual | Director/PDMR | Total | Shares | Shares | Total | % of |
| | | vested | sold | retained | shares | share |
| | | shares | | | held | capital |
| | | | | | after | |
| | | | | | event | |
+------------+---------------+--------+--------+----------+--------+---------+
| Carl | PDMR | 12,409 | 6,570 | 5,839 | 5,839 | 0.01% |
| Moore | | | | | | |
+------------+---------------+--------+--------+----------+--------+---------+
The award was satisfied by 12,409 shares released from the UK Mail Group
Employee Share Ownership Trust ("ESOT"). The ESOT holds 96,092 shares following
this transaction equivalent to 0.18% of the issued share capital. UK Mail
Group's issued share capital is 54,689,824 ordinary 10p shares.
For and on behalf of UK Mail Group plc
Steven Glew
Date: 6 December 2010
About UK Mail
UK Mail is the leading independent parcel, mail and logistics services company
within the UK and the main alternative to Royal Mail for business mail
requirements. UK Mail offers customers a full range of time-sensitive and secure
delivery options for letters, packets, parcels and pallets. More information is
available at www.ukmail.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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